Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Credit
Local

Xinjiang's foreign trade exceeds 20 bln yuan in first 2 months

March 23, 2020


Abstract : Northwest China's Xinjiang Uygur Autonomous Region recorded more than 20 billion yuan (about 2.81 billion U.S. dollars) in imports and exports in the first two months of this year, local authorities said Monday.

URUMQI, March 23 (Xinhua) -- Northwest China's Xinjiang Uygur Autonomous Region recorded more than 20 billion yuan (about 2.81 billion U.S. dollars) in imports and exports in the first two months of this year, local authorities said Monday.

Xinjiang's export volume during the period reached 12.95 billion yuan, while its import volume soared to 7.08 billion yuan, up 38.5 percent year on year, according to the customs of Urumqi, the region's capital.

"Private enterprises still played a leading role in Xinjiang's foreign trade," said Wu Wei, the deputy director of Urumqi Customs. Xinjiang's private enterprises' foreign trade reached 14.06 billion yuan, accounting for 70.2 percent of Xinjiang's total foreign trade during the period, according to the customs.

In the first two months, Kazakhstan topped the list of Xinjiang's major trade partners, with trade volume between them growing by 29.1 percent to 10.83 billion yuan.

Wu said the customs has issued several favorable measures to help stabilize Xinjiang's foreign trade, support China-Europe freight train services and promote the development of comprehensive bonded areas.

Scan the QR code and push it to your mobile phone

Keyword: Xinjiang foreign trade

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial